Global financial markets historical tick data platform (Tick History)
Challenge
A big-data problem before the term existed
There was an opportunity to better support decision-making in financial markets by making data accessible and usable at scale, structured and unstructured, with tick data for 450+ global exchanges, over 3 PB, more than 10 billion transactions daily, 15 years of history, 85 million instruments, and integration of corporate actions, announcements and news feeds.
It called for a big-data solution before the term existed, and a managed service to keep a highly resilient platform running for a global client base of more than 650 banks and hedge funds. Thomson Reuters worked with RoZetta as its technology provider.
Solution
Designed, built and operated
Through design, build, and operations, an on-premise technology solution embedded with data science tools for the ingestion, transformation, and presentation of financial market data, fully managed for over 15 years with 24/7 global support and maintenance.
What DataHex delivered
- Design, build and operations An on-premise technology solution embedded with data science tools.
- Ingestion, transformation and presentation The full lifecycle of financial market data in one platform.
- Managed for over fifteen years 24/7 global support and maintenance.
Results
A platform that has run for over fifteen years
- A scalable architecture meeting demanding performance
- Used by over 650 clients representing more than 90% of the world’s largest banks and 80% of the largest global hedge funds
- A long-running, highly resilient platform generating tens of millions of dollars in revenue for Thomson Reuters annually
- Over 25 million client requests a year
- Over 99.97% availability since 2008
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